USANA COO converts RSUs, withholds shares for taxes
USANA Health Sciences' Chief Operating Officer Walter Noot reported equity award activity involving restricted stock units and common stock.
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Rhea-AI Filing Summary
USANA Health Sciences' Chief Operating Officer Walter Noot reported equity award activity involving restricted stock units and common stock. On February 27, 2026, he exercised or converted 7,422 restricted stock units, each representing a right to receive one share of USANA common stock.
This conversion resulted in the acquisition of 7,422 shares of common stock at no exercise price, and a remaining balance of 75,130 restricted stock units held directly after the transaction. Following the stock acquisition, 3,144 common shares were disposed of at $21.52 per share to satisfy tax obligations by delivering shares.
After these transactions, Noot directly owned 9,256 shares of USANA common stock. Footnotes state that the restricted stock units vest 25% on the anniversary of February 27, 2025, linking these movements to the vesting schedule of prior equity awards.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,422 | $0.00 | $0.00 |
| Exercise | Common Stock | 7,422 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,144 | $21.52 | $68K |
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of USNA common stock.
- F2. Restricted Stock Units vest 25% on the Anniversary of February 27th, 2025.
FAQ
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What insider transactions did USNA COO Walter Noot report on this Form 4?
How do USANA restricted stock units (RSUs) held by the COO work?
Were the USANA (USNA) insider transactions open-market buys or sells?
AI-generated analysis. How Rhea-AI works. Not financial advice.